Willow & Ivie - Nichols Point Beloved Venue For Sale
Nichols Point, Victoria 3501
$599,000
Key Features
AI generated. Contact seller to confirm.
- Turnkey operation ready for immediate takeover
- Popular venue for weddings, private events, corporate functions
- Owner-operated with small administrative support
- Freehold available; owner estimates $4 to $5 million
- Wholly owned equipment in excellent condition
- Located near Mildura in a growing regional area
- Turnover: $Over $1.3 million
- Net Profit: Not disclosed
- Rent/Lease: $180,000 pa + GST
- Stock Value: Not disclosed
- Established: Well-established
Business Details
Business Category Catering
This is a standout opportunity to own a well-established and profitable events and function venue with annual takings of over $1.3 million.
Located in Nichols Point, just a few kilometres from Mildura, the business serves a growing regional area and is in high demand for weddings, private events and corporate functions. It is run by one hands-on owner, with another handling payroll and accounting.
The business is simple to operate and comes with a wholly owned plant and equipment valued at approximately $290,000. Rent is $180,000 per annum + GST, with all assets in excellent condition. The current owner also owns the property and is open to selling the freehold for an estimated $4 to 5 million, offering a purchaser the option to secure both the business and the premises.
*$1.3M takings PA
*$180,000 rental PA plus GST
*Equipment worth over $500,000, fully owned
*Located near Mildura in a growing regional area
*Freehold available for purchase
*Turnkey operation
Ready to invest in a profitable, easy-to-run business? Contact Nadia today.
Listing ID: ME03265
Broker: Nadia Polzella
Phone: XXXXXXXXXX
Email: XXXXXXXXXX
Ref: ME03265
Timestamp: XXXXXXXXXX 3002
Located in Nichols Point, just a few kilometres from Mildura, the business serves a growing regional area and is in high demand for weddings, private events and corporate functions. It is run by one hands-on owner, with another handling payroll and accounting.
The business is simple to operate and comes with a wholly owned plant and equipment valued at approximately $290,000. Rent is $180,000 per annum + GST, with all assets in excellent condition. The current owner also owns the property and is open to selling the freehold for an estimated $4 to 5 million, offering a purchaser the option to secure both the business and the premises.
*$1.3M takings PA
*$180,000 rental PA plus GST
*Equipment worth over $500,000, fully owned
*Located near Mildura in a growing regional area
*Freehold available for purchase
*Turnkey operation
Ready to invest in a profitable, easy-to-run business? Contact Nadia today.
Listing ID: ME03265
Broker: Nadia Polzella
Phone: XXXXXXXXXX
Email: XXXXXXXXXX
Ref: ME03265
Timestamp: XXXXXXXXXX 3002
What's Nearby
Nearby Locations
Similar Businesses For Sale
This business is somewhat unique and has no similar competition in this region, category or price bracket.